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Lucintel Forecasts The Global Hemp Fiber Market To Grow With A Cagr Of 7% From 2024 To 2030
According to a market report by Lucintel, the future of the global hemp fiber market looks promising with opportunities in the textiles, pulp & paper, and composite material markets. The global hemp fiber market is expected to grow with a CAGR of 7% from 2024 to 2030. The major drivers for this market are increasing demand for sustainable and eco-friendly materials and expanding usage of this fiber in production of biodegradable plastics and composites.
A more than 150-page report to understand trends, opportunity and forecast in global hemp fiber market to 2030 by type (long fibers and short fibers), application (textiles, pulp & paper, composite material, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that long fibers is expected to witness the highest growth over the forecast period.
Within this market, textiles is expected to witness the highest growth over the forecast period.
Download sample by clicking on hemp fiber market.
APAC is expected to witness highest growth over the forecast period.
HEMP BLACK, HempFlax, ...
... Hempro, Hemp Fortex, Naturalus Pluostas, CanvaLoop Fiber, South Hemp Techno are the major suppliers in the hemp fiber market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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